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Real Estate

Sales of existing US homes fell in December as supplies hit 17-year low

A home for sale in Meridian.

Americans retreated from purchasing homes in December, as the number of properties listed for sale sank to its lowest level since 1999. The National Association of Realtors said Jan. 24 that sales of existing homes fell 2.8 percent last month ...

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Balsam Brands trades Meridian corporate park for downtown Boise history (access required)

Balsam Brands will move its e-commerce administrative offices into the Union Block building in downtown Boise. Photo by Teya Vitu.

Artificial Christmas tree and home décor e-commerce retailer Balsam Brands is moving its administrative offices from the anonymity of Meridian’s Central Valley Corporate Park to the Romanesque-style Union Block building erected in downtown Boise in 1901. The move fits the ...

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In search of a painless parking solution (access required)

A  No Parking sign in downtown Boise. Photo by Patrick Sweeney.

People drive to downtown Boise to work, one to a car. They park. They always have. They always will. Or will they? Sitting at a table seeking alternatives to the single-occupied vehicles streaming into downtown are Valley Regional Transit, the ...

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Roundup 1.20.17 (access required)

Phone Zone leased 1,445 square feet at Fred Meyer, 757 Blue Lakes Blvd., in Twin Falls. Mike Christensen of Colliers International represented the landlord. Sara L Helmer dba Lotus Counseling Services leased 223 square feet at the Western Building, 802 ...

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Fewer and fewer homes go on the market in Treasure Valley

A home for sale in Meridian. The housing supply has fallen to record lows, according to the Intermountain Multiple Listing Service. File photo.

The number of homes available on the market in December reached a record low, based on statistics collected since 2006 by the Intermountain Multiple Listing Service. Ada County had just 1,490 homes for sale in December, far fewer than the ...

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Roundup 1.13.17 (access required)

First Federal Savings Bank expanded into an additional 1,115 square feet at 701 Allen St.. Debbie Martin of DK Commercial handled the transaction. Reve Exteriors leased 1,820 square feet at 701 Allen Street. Nick Schuitemaker and Mike Green of Thornton ...

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As office space opens, tenants fill it (access required)

Gardner Company Chief Operating Officer Tommy Ahlquist liked the spray paint work of local artists Sector Seventeen and included their work in the lobby of the nine-story, 383,000-square-foot Clearwater Building that Gardner built and opened in August 2016 in downtown Boise. Sector Seventeen spray paint art also is located in the Clearwater Analytics offices and in the Grove Plaza tunnel leading to Capitol Boulevard – all part of Gardner’s Clearwater Building development. Photo by Pete Grady.

Office space has increased by leaps and bounds in downtown Boise and in Meridian in 2016. The year saw record office absorption in downtown Boise. There was 453,000 square feet of net absorption, which includes subtracting people moving out from ...

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Roundup 1.6.17 (access required)

The Kelso Family Trust purchased a 12-unit apartment complex at 50 S. 2nd St.  in Eagle. Rhonda Garland, Dave Winder, Chuck Winder, and Matt Naumann of Cushman & Wakefield Pacific represented the buyer and Ron Ramza of Lee & Associates ...

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